Anticipated revenues of $6.2 million in 2026 for conversion and remodel ofCourtyard by Marriott Lantana, Fla., Jan. 22, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a construction company focused on commercial, retail, and residential property development, announces that it will commence immediate construction to develop a project for Marriott Hotels in Melbourne, Florida. The project is a conversion and remodel of an existing Holiday Inn to a Courtyard by Marriott in Melbourne, Florida ...

分组1 - Ultrapar Participações S.A. is a Brazilian diversified holding company with significant operations in downstream energy distribution, logistics, and chemical products, making it a dominant player in South American energy infrastructure [2] - The company has shown strong performance with shares up 42% year-to-date (YTD), excluding dividends, and offers a high dividend yield of 7.48%, which is significantly above sector averages [1][7] - Ultrapar's five-year dividend growth rate has seen a modest decline, but management remains committed to returning capital, as evidenced by a special dividend declaration of nearly 19 cents per share [7] 分组2 - The stock has a consensus rating score of 3.42, the highest among its peers, with all seven analysts rating it a Buy, and a consensus price target of $4.50, indicating nearly 20% upside potential [8] - Ultrapar's P/E ratio stands at 7.94, making it attractive to both income and value investors [8] - The overall market environment suggests that disciplined dividend strategies remain relevant, especially as investors seek durable cash flows and consistent execution [6][23]

Core Viewpoint - LogProstyle Inc. reported its first half fiscal year 2026 financial results, showing resilience in its business model despite a slight decline in revenue, with significant margin expansion and profit growth attributed to effective cost management and a strong hospitality sector driven by inbound tourism [2][3][4]. Financial Performance - Revenue for the first half of fiscal year 2026 was JPY10,324 million (US$69.8 million), a decrease of 2% from JPY10,518 million in the previous year [3][4]. - Gross profit increased by 25% to JPY2,196 million (US$14.8 million), with gross margin expanding by 463 basis points to 21.3% from 16.6% [4][5]. - Operating income rose by 31% to JPY884 million (US$6 million), with operating margin increasing by 217 basis points to 8.6% [4][6]. - Net income for the period reached JPY494 million (US$3.3 million), up 34% from JPY369 million [7][4]. - Basic earnings per share increased by JPY3.85 to JPY20.90 (US$0.14), and diluted earnings per share rose by JPY3.63 to JPY20.68 (US$0.14) [7][4]. Revenue Breakdown - Real estate revenue was JPY9,498 million (US$64.2 million), showing stability compared to JPY9,627 million in the previous year, with a slight decline attributed to fewer units sold [3][15]. - Hotel revenue increased by 10.7% to JPY642 million (US$4.3 million), driven by improved occupancy rates from 68.2% to 70.8% and higher average daily rates [5][15]. Operational Highlights - The company is focused on strengthening its balance sheet, accelerating development pipelines, and enhancing operational efficiency [2]. - LogProstyle announced plans for a new hotel in Asakusa, Tokyo, expected to open in October 2028, expanding its presence in key tourism markets [11]. - The company engaged Mitsubishi UFJ Morgan Stanley Securities to enhance liquidity and access to global investors [11]. Cash and Assets - Cash and cash equivalents decreased to JPY1,161 million (US$7.8 million) from JPY2,121 million at the end of the previous fiscal year [8]. - Total assets increased to JPY23,354 million from JPY22,484 million, with total liabilities rising to JPY19,383 million [10].

Core Insights - Knowledge Economic City (KEC) has formed a strategic joint venture with Archipelago International to create a hospitality management company in Madinah, Saudi Arabia, with both parties holding equal shares [1][2] - The new company will focus on developing a Saudi hotel brand and managing the construction of a hotel with approximately 2,500 keys, marking a significant development in the Saudi hospitality sector [1][2] Company Overview - Archipelago International is the largest privately owned hotel management group in Southeast Asia, managing over 45,000 rooms across more than 200 hotels in various regions including Southeast Asia, Latin America, the Middle East, the Caribbean, and Oceania [4] - KEC is regulated by the Economic Cities and Special Zones Authority and aims to drive urban and economic changes in Madinah through strategic partnerships [4] Industry Impact - The partnership aims to enhance the hospitality industry in Saudi Arabia, contributing to the diversification of the sector and increasing employment opportunities for national talent [3] - Future plans include franchise and management models to support broader growth across the kingdom [3]

Financial Data and Key Metrics Changes - In Q3 2025, the company reported a net revenue of RMB 5.5 billion, reflecting a year-over-year increase of 10.4% [18] - Adjusted net profit reached RMB 1,060 million, marking a 16.5% year-over-year growth, with an adjusted net margin expanding to 19.2% from 18.2% [19][22] - Gross profit increased by 14.4% year-over-year to RMB 3.6 billion, with a gross margin of 65.7% [22] - Annual paying users reached a historic high of 253 million, representing a year-over-year growth of 8.8% [11] Business Line Data and Key Metrics Changes - The accommodation reservation business achieved RMB 1.6 billion in revenue for Q3 2025, a 14.7% increase from the same period in 2024, driven by increased hotel room nights sold [19] - Transportation ticketing revenue reached RMB 2.2 billion, marking a 9.0% year-over-year increase [20] - Other business segments, including hotel management, saw revenue grow to RMB 821 million, a 34.9% year-over-year increase [21] Market Data and Key Metrics Changes - The international air ticketing business accounted for around 6% of total transportation ticketing revenue, up about two percentage points year-over-year [21] - The company noted a significant increase in the proportion of higher-quality accommodation bookings, with over 20% growth in room nights sold [38] Company Strategy and Development Direction - The company aims to enhance user value and operational efficiency in its domestic business while expanding its outbound business and strengthening its global market presence [24][25] - Following the acquisition of Wanda Hotel Management, the company plans to integrate its operations to accelerate growth in the hotel management segment [6][32] - The focus remains on technological innovation to drive product and service upgrades, ensuring high-quality travel experiences for users [5] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience and growth potential of China's travel industry, driven by changing consumer behaviors and preferences [3][5] - The company anticipates continued growth in the outbound travel segment, targeting a revenue contribution of 10%-15% in the coming years [30] - Management remains committed to balancing market expansion with profitability, aiming for robust growth in both top line and bottom line [24][25] Other Important Information - The company has achieved an MSCI ESG rating of AAA, placing it among the top 5% of companies globally in its industry [15] - The standalone app has seen strong growth, with daily active users hitting nearly 5 million before the National Day holidays [12] Q&A Session Summary Question: Future growth engines regarding international business and hotel management - Management highlighted that the outbound business is a key growth driver, with expectations for rapid growth and profitability in the coming years [29][30] - The hotel management business is expected to expand significantly, with a focus on integrating the Wanda brand and enhancing operational efficiency [32][33] Question: Future hotel ADR trends and competition in the domestic market - Management noted that domestic ADR has stabilized and is expected to improve, driven by a shift towards higher-quality accommodations [38] - The company believes its established supply chain and user understanding provide a strong competitive advantage against new entrants [42][43] Question: Margin trends and AI technology impact - Management indicated that margin expansion remains a priority, supported by improved operational efficiency and AI integration [55][58] - AI technology is seen as beneficial for enhancing operational efficiency and user experience, with ongoing investments planned [59][60] Question: Impact of recent events in Japan on business performance - Management does not expect a material impact on overall performance but will monitor developments closely and adjust strategies as needed [64]

Financial Data and Key Metrics Changes - In Q3 2025, the company reported a net revenue of CNY 5.5 billion, reflecting a year-over-year increase of 10.4% from Q3 2024 [17] - Adjusted net profit reached RMB 1,060 million, representing a 16.5% year-over-year growth, with an adjusted net margin expanding to 19.2% compared to 18.2% in the same period last year [18] - Gross profit increased by 14.4% year-over-year to RMB 3.6 billion, with a gross margin of 65.7% [22] Business Line Data and Key Metrics Changes - The core OTA business revenue grew by 14.9% year-over-year to RMB 4.6 billion, driven by accommodation reservations, transportation ticketing, and other segments [18] - Accommodation reservation revenue reached RMB 1.6 billion, a 14.7% increase from Q3 2024, attributed to higher hotel room nights sold and a slight increase in ADR [18] - Transportation ticketing revenue was RMB 2.2 billion, marking a 9.0% year-over-year increase [20] - Other business segments saw revenue of RMB 821 million, a growth of 34.9% year-over-year, primarily due to the hotel management business [21] Market Data and Key Metrics Changes - The annual paying users reached a historic high of 253 million, representing a year-over-year growth of 8.8% [11] - The cumulative number of passengers served on the platform exceeded 2 billion, indicating a stable annual purchase frequency of 8 times per user [11] - The international air ticketing business accounted for around 6% of total transportation ticketing revenue, up about 2 percentage points year-over-year [30] Company Strategy and Development Direction - The company aims to maintain its focus on the mass market while expanding its outbound business and exploring new growth drivers across the travel industry [5] - The acquisition of Wanda Hotel Management is expected to accelerate the growth of the hotel management business and strengthen the company's competitive positioning [11] - The company is committed to integrating AI technologies to enhance operational efficiency and user experience [5][15] Management Comments on Operating Environment and Future Outlook - Management noted that the travel market in China is showing robust growth, driven by rising demand for immersive experiences and innovative service models [3] - The company plans to capitalize on market opportunities while managing risks with discipline and prudence, aiming for robust growth in both top line and bottom line [24] - Management expressed confidence in achieving long-term sustainable growth and delivering value to stakeholders through a clear strategic roadmap [5][34] Other Important Information - The company has achieved an MSCI ESG rating of AAA, placing it among the top 5% of companies globally in its industry [15] - The standalone app has seen strong growth, with daily active users hitting nearly 5 million before the National Day holidays [12] Q&A Session Summary Question: Future growth engines regarding international business and hotel management - Management highlighted that the outbound business is a key growth driver, with expectations for rapid growth and profitability in the coming years [30][31] - The hotel management business is expected to expand significantly, with a focus on integrating Wanda Hotel Management to enhance offerings and profitability [32][34] Question: Future hotel ADR trends and competition in the domestic market - Management noted that domestic ADR has stabilized and is expected to improve, driven by a shift towards higher-quality accommodations [39][40] - The company believes it has strong defensive moats against competition due to its established supply chain and user understanding [42][43] Question: Margin trends and AI technology impact - Management indicated that margin expansion remains a priority, supported by improved operational efficiency and AI integration [55][57] - AI technology is expected to enhance operational efficiency and user experience, contributing positively to the company's performance [58][60] Question: Impact of recent incidents in Japan on business performance - Management does not expect a material impact on full-year performance but will monitor developments closely and adjust strategies as needed [63]

Group 1: Seagate Technology Holdings plc (STX) - Seagate Technology Holdings plc is a data storage devices and solutions company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 7% over the last 60 days [1] - The company has a PEG ratio of 1.10 compared to the industry average of 1.53, indicating strong growth potential [1] - Seagate possesses a Growth Score of B, reflecting its favorable growth characteristics [1] Group 2: Zurn Elkay Water Solutions Corporation (ZWS) - Zurn Elkay Water Solutions Corporation is a water management solutions provider with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 4.2% over the last 60 days [2] - The company has a PEG ratio of 2.26 compared to the industry average of 2.67, suggesting competitive growth prospects [2] - Zurn Elkay also possesses a Growth Score of B, indicating solid growth characteristics [2] Group 3: H World Group Limited (HTHT) - H World Group Limited is a hotel management company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 3.1% over the last 60 days [3] - The company has a PEG ratio of 1.25 compared to the industry average of 1.95, highlighting its growth potential [3] - H World Group possesses a Growth Score of B, reflecting its strong growth characteristics [3]

Group 1: Seagate Technology Holdings plc (STX) - Seagate Technology Holdings plc is a data storage devices and solutions company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 7% over the last 60 days [1] - The company has a PEG ratio of 1.05, which is lower than the industry average of 1.49, and possesses a Growth Score of B [1] Group 2: Cibest S.A. (CIB) - Cibest S.A. provides banking services and products and also carries a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 3.3% over the last 60 days [2] - The company has a PEG ratio of 1.24 compared to the industry average of 2.17, and possesses a Growth Score of B [2] Group 3: H World Group Limited (HTHT) - H World Group Limited is a hotel management company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 3% over the last 60 days [3] - The company has a PEG ratio of 1.15, which is lower than the industry average of 1.86, and possesses a Growth Score of B [3]

Core Insights - Mehr Consultancy has partnered with Canary Technologies to enhance guest experience solutions across its IHG hotels, focusing on streamlining operations and personalizing guest services [1][4] - The collaboration will leverage AI-powered messaging tools to facilitate communication in over 100 languages, aiming for faster responses and improved engagement [2][3] - The technology will also automate upselling of room upgrades and amenities, supporting revenue growth while allowing staff to concentrate on core hospitality tasks [3][4] Company Overview - Mehr Consultancy began as a family-owned motel and now manages 34 hotels across 13 US states under seven different brands [2] - The partnership with Canary Technologies aligns with Mehr's strategy of integrating technological advancements to refine service processes and improve outcomes [5][6] Strategic Goals - The partnership is driven by values of transparency and efficiency, with both companies sharing a commitment to enhancing service processes [5] - Mehr Consultancy aims to explore innovative tools that elevate guest experiences while delivering meaningful returns for owners and investors [6]

Core Insights - TurnOnGreen, Inc. has established a strategic partnership with Kinseth Hospitality Companies to implement electric vehicle (EV) charging infrastructure across Kinseth's properties, aiming to enhance guest convenience and support sustainability goals [1][4] Group 1: Partnership Details - The collaboration will standardize charging hardware, software, and services across Kinseth's portfolio, focusing on improving access to reliable EV charging in the Midwest [1] - TurnOnGreen will provide a comprehensive program that includes site assessment, design, engineering, commissioning, networking, and 24/7 support for drivers and site hosts [3] - Initial efforts will prioritize upgrading existing infrastructure with high-powered Level 2 chargers (7–19 kW) for overnight guests, with plans for additional Level 2 charging infrastructure and evaluation of DC fast-charging options for highway-adjacent hotels [3] Group 2: Company Background - Kinseth Hospitality is a prominent hotel management and development company, managing over 130 hotels across 17 states, known for its diverse offerings including full-service and boutique hotels [5] - TurnOnGreen specializes in high-performance power solutions for various industries, including e-Mobility, with over 50 years of experience in delivering innovative and reliable power technologies [6][7]